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I HAVE HAD THIS CREDIT CARD FOR 2 YEARS AND I WAS LATE ONE TIME IN 11-08 AND THEY RAISED MY INTEREST FROM 8 PERCENT TO 18 PERCENT.I OPENED THIS CARD AND DID A BALANCE TRANSFER FOR THE 8 PERCENT INTEREST.

THEY ARE NOW CHARGING 18 PERCENT ON THAT. I ASKED IF I CLOSED THE ACCOUNT IF THE INTEREST WOULD STILL GO UP AND THEY SAID YES, IT COULD GO UP OR DOWN. I AM NOW GOING TO PAY THE CARD OFF.

I AM SO THANKFUL FOR OBAMA'S NEW CREDIT CARD BILL THAT WILL KEEP CREDIT CARD COMPANIED FROM RAISING THE INTEREST RATES ON THE CARDS WHEN THEY WANT TO.THEY HAVE RAISED MINE TWICE AND WITH NO NOTICE.

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